Real Estate For Sale PRIME LOCATION 24,000 +/- SQ. FT. LINWOOD, PA BUILDING ON 7 ACRES

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1 Real Estate For Sale PRIME LOCATION 24,000 +/- SQ. FT. LINWOOD, PA BUILDING ON 7 ACRES ADDRESS: 1501 BLUEBALL AVE., LINWOOD, PA. PROPERTY WILL SELL ABSOLUTE OVER THE BELOW MARKET RESERVE OF $1,698, INVESTOR OPPORTUNITY OVER 50% LEASED For further information please contact: Accelerated Buy Sell, Inc. 201 Strykers Rd. Suite 19 #306 Lopatcong, NJ (908) In Conjunction With -- STEVEN T. ITALIANO - ICRE, LLC

2 Welcome... Thank you for your interest in our exclusive listing of this exceptionally well maintained commercial/industrial property. The property will be offered via Online Auction and will be sold Absolute over the low reserve price of $1,698, The bid deadline is November 12, One of the first questions we are asked about the auction process is: Is this a foreclosure? The answer is NO. Our client is retiring and like growing numbers of people all over the country, has chosen the auction method as a fast and efficient way to convert their assets into cash. The sale of real estate at auction is the fastest growing segment of both the auction and real estate industries and we are proud to be a part of it. The following pages contain information that we have gathered on the town of Linwood, and County of Delaware. We encourage you to do your own due diligence as you would with any property purchase, but we hope this information will help you in your decision making process. This property represents an incredible opportunity with a below market reserve and easy access to several major highways. Registration to bid is easy and automated on our website. To schedule a private showing, call us at (908) We wish you much success as a bidder. If you discover that this property does not meet your requirements, we d be happy to assist in finding an appropriate alternative. Best Regards, Frances Brunelle President/ Broker

3 RE Property Linwood, PA Property Information Address: 1501 Blueball Ave., Linwood, PA. Acreage: 7 Acres County: Delaware

4 General Information About Linwood, PA Population in 2010: 3,281. Population change since 2000: - 2.8% Males: 1,488 Females: 1,793 (45.4%) (54.6%) Population density: 6,210 people per square mile Median resident age: Pennsylvania median age: 32.7 years 40.1 years Latitude: N, Longitude: W Elevation: 70 feet Land area: 0.53 square miles.

5 Average Climate in Linwood, PA Linwood, PA, gets 41 inches of rain per year. The US average is 37. Snowfall is 15 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 106. On average, there are 208 sunny days per year in Linwood, PA. The July high is around 87 degrees. The January low is 27. Our comfort index, which is based on humidity during the hot months, is a 44 out of 100, where higher is more comfortable. The US average on the comfort index is 44. Climate Upper Linwood township, PA United States Rainfall (in.) Snowfall (in.) Precipitation Days Sunny Days Avg. July High Avg. Jan. Low Comfort Index (higher=better) UV Index Elevation ft. 66 1,443

6 Transportation There are a total of 1 airports within 30 miles of Linwood and a total of 10 Amtrak train stations within 30 miles of the city center. The average travel time to work in Linwood is 4% less than the Pennsylvania average and 2.6% less than the National average. The number of people who take public transportation in Linwood is 26.1% less than the Pennsylvania average and 19.5% less than the National average. The number of people who carpool to work in Linwood is 38.7% less than the Pennsylvania average and 43.9% less than the National average. Means Of Transportation Travel Time to Work Statistic Linwood Pennsylvania National Total airports (within 30 miles of city center) Total Amtrak train stations Average one way commute (mins) Workers who carpool 5.6% 9.2% 10.0% Workers taking public transportation 4.0% 5.4% 5.0% Workers who walk to work 7.7% 3.9% 2.8% Working from home 3.1% 3.7% 4.3% Airport Name Airport Address Distance (miles) City/State Philadelphia International Airport 8000 Essington Ave 12 Philadelphia, PA

7 Most Common Industries Surrounding Cities

8 General Information About Delaware County, PA Founded: September 26, 1789 County population in 2012: 561,098 Population density: 3037 people per square mile Median resident age: 38.0 years Pennsylvania median age: 40.0 years Males: 267,849 Females: 291,130 (47.0%) (53.0%) Land area: 184 sq. mi. Water area: 6.5 sq. mi. Average Climate in Delaware County. Climate Delaware, PA United States Rainfall (in.) Snowfall (in.) Precipitation Days Sunny Days Avg. July High Avg. Jan. Low Comfort Index (higher=better) UV Index Elevation ft ,443

9 History of Delaware County American Indians. Delaware County lies in the river and bay drainage area named "Delaware" in honor of Thomas West, 3rd Baron De La Warr, Governor of the nearby English colony of Virginia. The land was "discovered" and explored by Henry Hudson in 1609, and over the next several decades it was variously claimed and settled by the Swedes, the Dutch, and the English. Its original human inhabitants were the Lenni- Lenape tribe of Once the Dutch were defeated and the extent of New York was determined, King Charles II of England made his grant to William Penn in order to found the colony which came to be named Pennsylvania. Penn divided his colony into three counties: Bucks, Philadelphia, and Chester. The riverfront land south of Philadelphia, being the most accessible, was quickly granted and settled. In 1789, the eastern portion of Chester County was divided from the rest. Despite that the eastern portion was the first settled and contained the town of Chester, it was named Delaware County for its river.

10 Comparable Properties on the Market Below are some of the competing properties in Pennsylvania. We believe after your due diligence and comparison, you will find our auction listing to be an incredible value Townsend Road Property Type: Industrial Sub Type: Warehouse Building Size: 22,000 SF For Sale Price: $1,790,000 Price/SF:$ Sandmeyer Lane Property Type: Industrial Sub Type: Warehouse Building Size: 20,000 SF For Sale Price: $1,700,000 Price/SF:$ Aramingo Avenue Property Type: Industrial Building Size: 20,000 SF For Sale Price: $2,950,000 Price/SF:$ Grays Ferry Avenue Property Type: Industrial Sub Type: Warehouse Building Size: 23,700 SF For Sale Price: $2,600,000 Price/SF:$ Camer Drive - State Road Industrial Pk Property Type: Industrial Type: Warehouse Building Size: 24,000 SF For Sale Price: $2,000,000

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14 TERMS OF SALE * INTERNET AUCTION Thank you for participating in an Accelerated Real Estate Marketing, LLC. Internet Auction. It is important that you familiarize yourself with the terms and conditions, as all sales are final and irrevocable. The terms of sale are non-negotiable. Registration finalizes each bidder s agreement to the terms and conditions of sale as stated in the Contract and its Addenda, which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. In order to bid, all Bidders must register at There is no fee to register. By bidding you are representing to ACCELERATED REAL ESTATE MARKETING, LLC (Broker and/or Auctioneer) and the Seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. If you do not agree with any of the terms and conditions stated, DO NOT BID or you will be bound by those terms and conditions. The auction will be controlled by the Auctioneer/Broker. Accelerated Real Estate Marketing, LLC. or it s affiliate Accelerated Buy Sell, Inc., is not responsible for malfunctions or system errors which cause a bid or bidder to fail to be recognized or registered. If there is a dispute, the Auctioneer may re-open the bidding and the Auctioneer s sole discretion shall serve as sole arbiter as to who is or is not allowed to bid. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down properties or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding and to accept or reject any or all bids. Absentee or phone bids may be accepted at the discretion of the Auctioneer. Any and all decisions of the Auctioneer regarding the order and conduct of the auction shall be final and absolute without liability to any party. Seller reserves the right to cancel or withdraw any property at any time. The Auctioneer may bid on behalf of the Seller on properties which have a reserve. Bidding is open to all who are registered and approved. All bids must be submitted online at An auction Service Fee, (Buyer s Premium) of 10% will be added to the high bid and included in the total purchase price. Please see the Sale Day Notes, The Contract for Sale, and/or Auctioneer for specifics about the property you wish to bid on. Each high bidder must make a ten percent (10%) non-refundable deposit per property by 5:00 pm on auction day, via wire transfer, and sign a fax copy of the contract. Auctioneer will provide original documents for execution via overnight mail. Buyer will have 48 hours from the conclusion of the auction to return fully executed, unaltered documents and submit an additional ten percent (5%) deposit via wire

15 transfer, CLOSING MUST TAKE PLACE ON OR BEFORE JANUARY 11, Failure to execute the documents or provide the additional deposit will subject the buyer to paying a liquidated damages amount equal to the down payment. If buyer refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as for forfeit all deposit monies as liquidated damages. PLEASE BE ADVISED: Various state statues give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of sale, and/or criminal charges of fraud. All properties are sold AS IS, WHERE IS with no financing, post-auction inspection or other contingencies to sale. Accelerated Real Estate Marketing, LLC. represents the Seller(s) only and does not inspect properties on the bidder s behalf or represent the buyers in any way. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigations and not on any information provided by the Seller or Auctioneer. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim, adjustment or right to cancel sale. Seller is obligated to provide a recordable deed and title that is insurable by any reputable title company, free of any liens. All auctions are subject to court or seller approval. Most sales are approved within 7 business days. Buyers are not allowed possession until closing and neither the Seller nor Auctioneer will accommodate post auction showings of the property for any reason. All deposits required in the terms of sale will be held on Broker s/auctioneer s Trust Account. Transfers to closing agent/attorney will be made within 24 hours of closing via wire transfer of overnight delivery. All the information provided on this property was obtained from the official county maps or other sources deemed reliable, but is not guaranteed and may be in error. Seller DOES NOT WARRANT the accuracy thereof. Seller has made no independent investigation of any information provided, and assumes no responsibility for the providing of or absence of any information. YOU ARE ENTERING INTO A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS. THE REGISTERED BIDDER IS PERSONALLY RESPONSIBLE, LEGALLY AND FINANCIALLY FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING ONE S SELF OR ACTING AS AN AGENT. A SEALED BID OR INTERNET BID ACCEPTED AT PUBLIC AUCTION IS A LEGAL AND BINDING CONTRACT TO PURCHASE. ANY BIDDER WHO FAILS TO CONSUMMATE A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE AUCTIONS. AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS.

16 CONTRACT FOR PURCHASE & SALE OF REAL ESTATE This is a legally binding contract. If not fully understood, we recommend that all parties to the contract consult an attorney before signing. Date: This is a Purchase and Sale agreement, provided at the auction sale herein referenced. By signing below, purchaser acknowledges the terms and conditions for purchase are incorporated herein and same are legally binding, it being the intent of the parties that the obligation of purchaser arising from the Terms and Conditions and this Purchase and Sale Contract, shall be deemed one and the same. 1. IDENTIFICATION OF PARTIES TO THE CONTRACT A. SELLER (even though the word "Seller" is singular, it refers to each and all of those who sign below as Seller). B. PURCHASER (even though the word "Purchaser" is singular, it refers to each and all of those who sign below as Purchaser). 2. PROPERTY TO BE SOLD The property which the seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as: This property includes all Seller's rights and privileges, if any, to all land, water, streets, and roads annexed to, and on all sides of the property. The lot size of the property is approximately +/- acres. 3. ITEMS INCLUDED IN SALE The following, if located on the property at the time of signing of the contract, are included in the sale, "as is:" A. All buildings and improvements, B. Lighting, heating and plumbing fixtures, C. Window shades, venetian blinds, traverse rods, curtain rods, D. All wall to wall carpeting, E. Storm and screen doors and windows, F. Water softeners (if owned by seller).

17 G. Other items not listed above and which are included in the sale are listed here: n/a 4. ITEMS EXCLUDED FROM SALE The following items are excluded from the sale: 5. BUYER'S PREMIUM It is clearly understood and agreed to by both the Buyer and the Seller that THE BUYER'S PREMIUM IS THAT PORTION OF THE COMMISSION WHICH IS BEING PAID BY THE BUYER. THE AUCTIONEER/BROKER REPRESENTS ONLY THE SELLER. If either the buyer or the seller should fail to perform on the contract the party responsible for failing to close on the property shall be responsible for the full commission due the broker. In the event the Buyer defaults, the funds held by the Broker shall be retained to the extent of the full BROKER S COMMISSION, and the balance shall be remitted to the seller or his or her attorney. 6. FORFEITURE PROVISIONS The Buyer acknowledges that, in the event of default pursuant to the terms of this contract or a violation of the Terms and Conditions of the auction, the funds provided shall be forfeit, as same represent liquidated damages. The foregoing shall not be construed as a penalty clause inasmuch as the terms and conditions for the auction identify this fact and inasmuch as the auction has already been conducted and Seller has committed to the Purchaser. The parties hereto agree that it represents a fair, equitable and negotiated resolution to Seller s legitimate claim of default, and not a penalty. 7. PURCHASE PRICE The Purchase Price is: $ (dollars, U.S.) 8. METHOD OF PAYMENT The Purchaser shall pay the purchase price as follows: A $ Bid tendered at Auction. B Ten Percent (10%) Buyer s Premium. Purchaser agrees to pay this amount. C Total sale/purchase price, which includes the Buyer s Premium. (A+B=C) D 10% to be paid via wire transfer on auction day E 5% to be paid via wire transfer or cashiers check within 48 hours of auction. F Balance due in Cash, Bank or Certified Check at closing. (C-D- E=F) 9. MORTGAGE EXPENSES

18 A. Any mortgage recording tax, recording fee, expenses of drawing papers and any other expenses to be incurred in connection with procuring a mortgage shall be paid by the Purchaser. B. Seller assumes all responsibilities regarding the filing of the required tax reporting forms with respect to the sale and transfer of this property. 10. SELLER'S TITLE Seller will transfer to Purchaser all his right, title and interest in the property, (except as may be noted below). Seller will convey title to purchaser subject to any easements of record; existing restrictions, covenants, conditions of record; zoning and environmental protection laws in existence as of this date so long as the foregoing does not render title uninsurable. Seller will deliver title that any reputable title company will insure. 11. DEED The property shall be transferred from Seller to Purchaser by means of a BARGAIN & SALE DEED. The deed will be properly prepared and signed so that it will be accepted for recording by the County Clerk in the County in which the property is located. If the Seller is transferring the property as an executor, administrator, trustee, committee or conservator, the deed usual to such cases shall be accepted. Other type of transfer: N/A 12. STATE TRANSFER TAX. The PURCHASER agrees to pay any State Real Property Transfer Tax as set by law. 13. TAX AND OTHER ADJUSTMENTS The following shall be adjusted between the Purchaser and Seller as of the date of possession. A. Rents, if any, as and when collected, B. Interest and mortgage escrow account, if any C. Taxes, sewer and water rents, D. Municipal assessment yearly installment, if any E. Fuel, if any F. Homeowner's Association dues, if any. 14. DATE AND PLACE OF TRANSFER OF TITLE The transfer of title to the property from Seller to Purchaser will take place at the office of the lender's attorney if the Purchaser obtains a mortgage loan from a lending institution. Otherwise, the closing will be at the office of the attorney for the Seller. The closing will be completed with title transferred on or before January 11, 2016, time is of the essence. 15. POSSESSION The purchaser shall be granted possession of the property at closing, provided transfer of title has occurred. The Purchaser recognizes that possession of the property is subject to the rights of any tenants on the property.

19 16. DOWN PAYMENTS: It is agreed that any payments made by the Purchaser prior to transfer of title are to be deposited with the Selling broker. Down payment(s) will be held in an escrow account at TD BANK by the Selling Broker at which time broker shall apply the total payments to the brokerage fee due and any excess of down payment over and above the fee earned will go to the Seller unless there has been a forfeiture or an agreed and written agreement for distribution of funds which is contrary to the form provided herein. If Buyer fails to perform, he or she forfeits all payments as liquidated damages or is subject to a specific performance action, and agrees to pay the full BUYER'S PREMIUM plus all resale expenses, and any interest earned on down payments will be the property of Accelerated Real Estate Marketing, LLC. 17. BROKER PARTICIPATION The parties acknowledge that Broker is acting as Seller s agent only. Buyer represents that no agent representing the buyer or any other such Broker will claim that they have procured this transaction. In the event of any such claim, Buyer shall bear full responsibility for any such claim and hold harmless and indemnify Seller or its agent therefrom. 18. REMEDIES UPON DEFAULT In the event Purchaser defaults pursuant to the terms of this agreement, Seller shall have any remedy under New Jersey law available. The foregoing shall include but not be limited to, an action for damages and action for specific performance or retention of funds as referenced above as liquidated damages. Any action for damages shall include the actual loss to Seller, together with any expenses incurred including but not limited to reasonable attorney s fees, re-auctioning the property, remarketing the property, and all other expenses associated with same arising from Buyer s default. 19. ENTIRE AGREEMENT There are no representations made outside of the four corners of this contract, and the provisions herein made with respect to the Buyer s obligations are integrated and hereby incorporate the Terms and Conditions executed by Buyer on the occasion of the auction. Purchaser acknowledges this property is transferred as is, and there are no warranties, guarantees or promises which shall survive title, By execution of this contract, Purchaser acknowledges it has had ample opportunity prior to execution to inspect, review and observe and all conditions relative to the subject premises which would cause concern to a reasonable Purchaser. TERMS OF THIS CONTRACT WILL NOT BE MODIFIED IN ANYWAY UNLESS AGREED TO IN WRITING BY ALL PARTIES.

20 20. BINDING CONTRACT Purchaser and Seller agree that they, their heirs, legal representatives, successors and assigns will be bound under this contract. A signed facsimile of this document will represent a fully executed contract. 21. THE BUYER AGREES TO PAY A BUYER'S PREMIUM IN THE AMOUNT OF: $ ( Dollars, U.S.) upon signing this agreement. Which will become part of the sale price 22. SELLER'S AGREEMENT TO PAY COMMISSION Seller hereby accepts the above offer and agrees to sell on the terms and conditions set forth and agrees to pay Accelerated Real Estate Marketing, LLC. a brokerage fee of FIVE PERCENT of the selling price which includes the buyer s premium stated above.

21 DATE: PURCHASER X DATE: SELLER: X SS# SS# PURCHASER X SS# ATTORNEY Name Addr: City State Zip ATTORNEY Name: Addr: City: State: Phone ( ) - Phone Fax ( ) - Fax